When the minimum wage is $1,000 per hour silver may be $1,000 per ounce. There is little demand for silver and there enough silver to meet any foreseeable demand. Therefore, while silver may increase in price and might even double in price provided there is enough inflation, silver may drop in price. Within the year 2021 silver could go as low as $15 dollars per ounce or it double in price.
When the minimum wage is $1,000 per hour silver may be $1,000 per ounce.
If MW and silver track equally upwards, silver should trade at ~$3000/oz assuming that there's any correlation between the two (there's not).
Within the year 2021 silver could go as low as $15 dollars per ounce or it double in price.
Damn, that's a hard call. It's hard to predict what's going to happen in CrazyWorld. I'd bet on ownership of AU being outlawed if there's a significant upward move.